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dweinus 5 hours ago

Global extreme poverty has fallen because we have raised the floor, largely through international collaboration that if anything has happened in spite of the cyberlibertarianism, certainly not because of it. Paradoxically, "developed" nation inequality has hit 1920s levels.

Likewise, the number of countries/populations calling themselves democratic has grown, but the global democratic index has declined and mature democracies are substantially threatened.

kortilla 4 hours ago | parent [-]

> Paradoxically, "developed" nation inequality has hit 1920s levels.

That’s not a paradox. Inequality is a completely separate measurement that emerges anywhere there are extremely wealthy people despite the average population doing really well.

A high density of tech billionaires in California doesn’t prevent a regular family in Tennessee from putting food on their table. Poverty rates would.

pixl97 3 hours ago | parent [-]

>A high density of tech billionaires in California doesn’t prevent

I put this in the case of 'eh, maybe'. Not a definite yes or no. The particular place where this breaks is asset ownership and other forms of VC fuckery that start raising the costs for everything around the country.